Ilmatar Energy is “well underway” with plans to build a 550MW solar park in Sweden in what will become one of Europe’s largest PV projects.
The proposals for the site located in the municipality of Motala in Östergötland are currently moving through the permitting process.
Subsidiary Ilmatar Solar is working alongside consultancy Vinnergi to advance the project towards construction.
Vinnergi business development manager Martin Ansell-Schultz said: “We have already received a favourable initial estimate from Svenska kraftnät, Sweden’s TSO, and the permit process and electricity network issues are in full swing.
“Ilmatar is an interesting partner who, in the long term, will be responsible for the park’s entire life cycle – from construction to electricity sales for years to come.
“They already have experience in the wind power sector, and so they can invest in large-scale production of electrical power directly.”
Ilmatar Solar chief executive Christian Gustafsson added: “Together with Vinnergi, we will become a stronger actor on the electricity market.
“Sustainable development is the common denominator throughout the entire process – from agreement to planning and to the construction of the solar parks. As a sustainable, long-standing partner, Vinnergi is perfect for us.”
Last month, Ilmatar revealed plans to build a 450MW solar park in Tönnersjö, Sweden.